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Apple Hitting Resistance At $530, Option Chain May Show Why

|Includes:Apple Inc. (AAPL)

Some player is bouncing Apple off of $530 on the dot:

(click to enlarge)Click to enlarge

Today is options expiration, a look at the chain shows that if Apple floats above $530 a lot of call options will get executed. Coincidence? You decide:

(click to enlarge)Click to enlarge

Stocks: AAPL